See below for highlighted companies from Addition’s network of funds, and an overview of all network companies’ performance
Company Sector: Marketplace, E-commerce, Creator Economy
Headquarters: San Francisco
Founder(s): Sahil Lavingia
Founded Date: 2011-01-01
# of Employees: 38
Website: https://gumroad.com/
Description: Gumroad owns and operates an online service through which users can buy and sell digital goods such as design templates and source codes.
Total Amount Raised to Date: $8MM
Most Recent Funding Round: Series A - 2012-05-07
Most Recent Lead Investor: Kleiner Perkins
Addition Network Fund: Collaborative I L.P.
Company Sector: E-Commerce, Cooking
Headquarters: Palo Alto
Founder(s): Ooshma Garg
Founded Date: 2010-01-01
# of Employees: 80
Website: https://gobble.com
Description: Gobble is a weekly dinner kit delivery service that helps busy people cook dinner in just 10 minutes with 1 pan.
Total Amount Raised to Date: $30MM
Most Recent Funding Round: Series B - 2018-09-18
Most Recent Lead Investor: Inititalized Capital
Addition Network Fund: Collaborative I, L.P.
Company Sector: Energy, Apps, CleanTech
Headquarters: Forde, Norway
Founder(s): Daniel Lindén, Edgeir Aksnes
Founded Date: 2016-01-01
# of Employees: 87
Website: https://tibber.com/
Description: Tibber is a digital electricity supplier that uses AI to switch around power for houses based on their predicted levels of consumption.
Total Amount Raised to Date: $82MM
Most Recent Funding Round: Series B - 2020-11-17
Most Recent Lead Investor: Balderton Capital
Addition Network Fund: The Founder’s Fund VI, LP
Company Sector: FinTech
Headquarters: Sao Paulo
Founder(s): Ricardo Taveira
Founded Date: 2017-01-01
# of Employees: 82
Website: https://quan.to/
Description: Quanto is the “Android” that was missing from the fintech revolution: a single fully-transactional API for all financial service providers.
Total Amount Raised to Date: $15MM
Most Recent Funding Round: Series A - 2020-09-17
Most Recent Lead Investor: Kaszek Ventures
Addition Network Fund: Kaszek Ventures III, L.P.
Company Sector: FinTech, Insurance
Headquarters: Paris
Founder(s): Benoit Bourdel, Raphael Vullierme
Founded Date: 2016-12-12
# of Employees: 106
Website: https://luko.eu/
Description: Luko is a neo-insurance company that provides home insurance and security technology.
Total Amount Raised to Date: $86MM
Most Recent Funding Round: Series B - 2020-12-07
Most Recent Lead Investor: EQT Ventures
Addition Network Fund: The Founder’s Fund VI, LP